Fairfax Media

Tribune Broadcasting Co. Thursday bought a majority stake in a radio and television news wire that specializes in condensing information, called Zapnews. The Tribune Co. subsidiary spent less than $1 million in the deal with Fairfax Media Inc. Zapnews` prime attraction for news outlets, according to a Tribune Co. spokesman, is the concise nature of the information, which presumably saves stations the time and expense of normal editing. Zapnews founder James R. Hood will continue as...

WELLINGTON, May 15 (Reuters) - All Blacks winger Julian Savea is to attend an anti-violence programme before he re-appears in court on a charge of assault next month, local media reported on Wednesday. The 22-year-old was arrested after an incident with his partner last month. Savea, who did not enter a plea on Wednesday, had told a media conference last month that he and his partner had been arguing at the time of the alleged incident. His lawyer Noel Sainsbury...

Aug 24 (Reuters) - The following corporate finance-related stories were reported by media on Friday: * Gina Rinehart, Asia's richest woman, failed to cut her stake in struggling Australian publishing company Fairfax Media , with investors shunning her offer to sell about 5 percent of the company, media reported on Friday. * Britain's No. 2 insurer Aviva Plc may cut as many as 800 jobs at its UK business in a cost-cutting drive, media reported. *...

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) --International food processing and packaging giant Tetra Pak has a number of projects underway involving Australian and New Zealand dairy producers to boost exports to Asian countries. "Consumption is growing faster than production of dairy products in China  that is where the local industry has an ...

WELLINGTON, May 15 (Reuters) - All Blacks winger Julian Savea is to attend an anti-violence programme before he re-appears in court on a charge of assault next month, local media reported on Wednesday. The 22-year-old was arrested after an incident with his partner last month. Savea, who did not enter a plea on Wednesday, had told a media conference last month that he and his partner had been arguing at the time of the alleged incident. His lawyer Noel Sainsbury...

SYDNEY, April 4 (Reuters) - Australia's Fairfax Media , publisher of some of the country's leading newspapers, said on Thursday it is reorganising its business into five divisions to streamline its structure, focus on digital content and cut costs. The 172-year-old company will also shuffle its senior executive team, with the current head of its New Zealand operations, Allen Williams, to head up a new Australian Publishing Media division. The media...

SYDNEY (Reuters) - Gina Rinehart, Asia's richest woman, failed to cut her stake in struggling Australian publishing company Fairfax Media, with investors shunning her offer to sell about 5 percent of the company, media reported on Friday. Rinehart had offered between 80 and 120 million shares at A$0.50 after the market close on Thursday, a 2 percent discount to Fairfax's closing price of $0.51, but was knocked back by investors, Fairfax newspapers reported on Friday. ...

Dec 17 (Reuters) - The following corporate finance-related stories were reported by media on Monday: * American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, sources with direct knowledge of the plan told Reuters. * Commodity trader Trafigura is working on plans for a listing on the London Stock Exchange of its Puma Energy subsidiary, The Sunday Times...

MELBOURNE (Reuters) - Australian publisher Fairfax Media slashed the value of its newspaper titles by almost $3 billion on Thursday, as it posted a steep fall in profit and said it saw no early turnaround in the worst advertising conditions in more than 30 years. Shares in Fairfax fell 9 percent to approach their all-time low as the publisher of the Sydney Morning Herald, Australia's oldest newspaper, as well as the Australian Financial Review and The Age,...

(Reuters) - Uncapped utility back Tom Taylor and hooker Hikawera Elliott have been called into the All Blacks squad as injury cover for the final match of their end-of-season tour against England, New Zealand media reported on Sunday. The 23-year-old Taylor, the son of 1987 World Cup winning centre Warwick, has been called in due to the Achilles' injury sustained by flyhalf Daniel Carter, who was a late withdrawal from the side that beat Six Nations champions Wales...

(Reuters) - Uncapped utility back Tom Taylor and hooker Hikawera Elliott have been called into the All Blacks squad as injury cover for the final match of their end-of-season tour against England, New Zealand media reported on Sunday. The 23-year-old Taylor, the son of 1987 World Cup winning centre Warwick, has been called in due to the Achilles' injury sustained by flyhalf Daniel Carter, who was a late withdrawal from the side that beat Six Nations champions Wales...

(Adds details, quotes) * Betting scandal places Australia's top race under cloud * Racing Minister seeks to reassure punters By Ian Ransom MELBOURNE, Nov 6 (Reuters) - Australian jockey Damien Oliver, who will ride Americain in the Melbourne Cup later on Tuesday, has admitted to placing an illegal bet on a rival horse and could face a lengthy ban, local media reported. The allegations have cast a cloud over Australia's richest and most celebrated...

SYDNEY, April 4 (Reuters) - Australia's Fairfax Media , publisher of some of the country's leading newspapers, said on Thursday it is reorganising its business into five divisions to streamline its structure, focus on digital content and cut costs. The 172-year-old company will also shuffle its senior executive team, with the current head of its New Zealand operations, Allen Williams, to head up a new Australian Publishing Media division. The media...

By Victoria Thieberger MELBOURNE, Sept 20 (Reuters) - A pack of new media specialists in Australia has surpassed many of the country's newspapers and television networks in size after diverting away the precious advertising dollars that have sustained the old guard for decades. Revenues have collapsed at newspapers, and the January-June half of this year was the first time more Australian ad spend went online than it did to newspapers, at 27...